401K

401K Retirement Plan
BREG Inc. has an excellent 401(k) retirement plan. Under the provisions of the plan, you are eligible for coverage if you are over 21 years old and have at least three (3) months of service. You may enter the plan October 1st, January 1st, April 1st or July 1st, of the year you become eligible.

You may contribute 1% to 99% of your salary. The Internal Revenue Service sets a maximum contribution level each calendar year. BREG Inc. will match 100% of the first $1000.00 deferred every year.

You can direct your contributions into a variety of investment options. You are 100% vested (own 100%) of your own contributions immediately. You are 20% vested for company contributions each year (1000 hours of service) after the first year, 100% after five (5) years.